enterpriseam admin, Author at EnterpriseAM Egypt

What the markets are doing on 12 March 2025

by enterpriseam adminEgypt Edition12 March 2025

The EGX30 rose 0.4% at today’s close on turnover of EGP 3.9 bn (11.1% above the 90-day average). Regional investors were the sole net buyers. The index is up 4.4% YTD. In the green: GB Corp (+8.8%), Orascom Development (+6.1%) and Rameda Pharma (+5.2%). In the red: E-finance (-2.2%), Madinet Masr (-1.9%) and AMOC (-1.1%).

THE ENTERPRISE ENTERTAINMENT CALENDAR

by enterpriseam adminEgypt Edition12 March 2025

MARCH 13 March (Thursday): Hakim concert at Hekaytna Helwa Tent, New Cairo. 14 March (Friday): Hamid Al Shaeri and Hisham Abbas concert at Hekaytna Helwa Tent, New Cairo. 14 March (Friday): The Goats stand up comedy at Kamelizer Spaces, District 5. 14 March (Friday): CSA and ALKEMIA Boutique's annual Fenoun Festivities at CSA, Maadi. 14 […]

What We're Tracking Today

Gov’t is hoping to attract USD 12 bn in FDI this FY

by enterpriseam adminEgypt Edition11 March 2025

Good morning, all. We lead today’s issue with news that the IMF Executive Board has completed the fourth review of our USD 8 bn loan program, allowing for the disbursement of USD 1.2 bn, which should land in state coffers within days. We also have February’s inflation figures — the headline reading dropped over 10 […]

Advertiser

by enterpriseam adminEgypt Edition11 March 2025

Somabay partners with Marriott International to launch an Autograph Collection Hotel, opening in 2027 with 194 sea-view rooms, world-class dining, and wellness facilities. This marks its second collaboration with Marriott after Sheraton Soma Bay (1999). Somabay is home to a collection of renowned hotels, including Kempinski, The Cascades, Robinson Club, and The Breakers, offering a […]